-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UyB6QAr+OLEF/XTDsdTufSPZauyYrqUtV01EZ/bM4pEJh/iunl/wdMbPEDmjzNFp Auihc5CsLMf6cTTS0YLZVw== 0000891092-08-000945.txt : 20080213 0000891092-08-000945.hdr.sgml : 20080213 20080213142633 ACCESSION NUMBER: 0000891092-08-000945 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080213 DATE AS OF CHANGE: 20080213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PLATINUM ENERGY RESOURCES INC CENTRAL INDEX KEY: 0001329605 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 141928384 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-81107 FILM NUMBER: 08603627 BUSINESS ADDRESS: STREET 1: 3 PARAGON DRIVE CITY: MONTVALE STATE: NJ ZIP: 07645 BUSINESS PHONE: 845-323-0434 MAIL ADDRESS: STREET 1: 3 PARAGON DRIVE CITY: MONTVALE STATE: NJ ZIP: 07645 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JD CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0001219037 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G MAIL ADDRESS: STREET 1: TWO GREENWICH PLAZA 2ND FLOOR CITY: GREENWICH STATE: CT ZIP: 06830 SC 13G 1 e30359sc13g.txt SCHEDULE 13G - -------------------------------------------------------------------------------- CUSIP No. 727659104 13G Page 1 of 8 Pages - -------------------------------------------------------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G (Rule 13d-102) Information to be Included in Statements Filed Pursuant to Rules 13d-1(b), (c) and (d) and Amendments Thereto Filed Pursuant to Rule 13d-2(b) (Amendment No. )* Platinum Energy Resources, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock $.0001 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 727659104 - -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2007 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |_| Rule 13d-1(b) |X| Rule 13d-1(c) |_| Rule 13d-1(d) - ---------- *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). - -------------------------------------------------------------------------------- CUSIP No. 727659104 13G Page 2 of 8 Pages - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: JD Capital Management LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 5,356,200 (See Item 4) NUMBER OF ---------------------------------------------------------- SHARES 6 SHARED VOTING POWER -0- BENEFICIALLY ---------------------------------------------------------- OWNED BY EACH 7 SOLE DISPOSITIVE POWER 5,356,200 (See Item 4) REPORTING ---------------------------------------------------------- PERSON WITH 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 5,356,200 (See Item 4) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 19.6%(1) - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON:* IA - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! (1) The percentages used herein and in the rest of this Schedule 13G are calculated based upon 23,583,725 shares of common stock issued and outstanding pursuant to the Issuer's Quarterly Report on Form 10-Q filed on November 14, 2007. - -------------------------------------------------------------------------------- CUSIP No. 727659104 13G Page 3 of 8 Pages - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: J. David Rogers - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 5,356,200 (See Item 4) NUMBER OF ---------------------------------------------------------- SHARES 6 SHARED VOTING POWER -0- BENEFICIALLY ---------------------------------------------------------- OWNED BY EACH 7 SOLE DISPOSITIVE POWER 5,356,200 (See Item 4) REPORTING ---------------------------------------------------------- PERSON WITH 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 5,356,200 (See Item 4) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 19.6%(1) - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON:* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - -------------------------------------------------------------------------------- CUSIP No. 727659104 13G Page 4 of 8 Pages - -------------------------------------------------------------------------------- Item 1(a) Name of Issuer: Platinum Energy Resources, Inc. Item 1(b) Address of Issuer's Principal Executive Offices: 3 Paragon Drive Montvale, NJ 07645 Item 2(a) Name of Person Filing: JD Capital Management LLC J. David Rogers The Reporting Persons have entered into a Joint Filing Agreement, dated February 13, 2008, a copy of which is filed with this Schedule 13G as Exhibit A, pursuant to which the Reporting Persons have agreed to file this statement jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act. Item 2(b) Address of Principal Business Office or, if none, Residence: The address of the principal business office of each of the Reporting Persons is Two Greenwich Plaza, 2nd Floor Greenwich, CT 06830 Item 2(c) Citizenship: JD Capital Management LLC is a limited liability company organized under the laws of the State of Delaware. J. David Rogers is a citizen of the United States. Item 2(d) Title of Class of Securities: Common Stock $.0001 par value. Item 2(e) CUSIP No.: 727659104 Item 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is a: Not Applicable. - -------------------------------------------------------------------------------- CUSIP No. 727659104 13G Page 5 of 8 Pages - -------------------------------------------------------------------------------- Item 4 Ownership: JD Capital Management LLC ("JD Capital") is the investment manager of Tempo Master Fund LP and Tempo Fund LLC (collectively "Tempo"), and by virtue of such status may be deemed to be the beneficial owner of the securities of the Issuer owned by Tempo. J. David Rogers ("Rogers"), the managing member of JD Capital, has voting and investment power with respect to the securities, and therefore may be deemed to be the beneficial owner of the securities. JD Capital and Rogers disclaim beneficial ownership of the securities, except to the extent of their respective pecuniary interest. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. 1. JD Capital Management, LLC (a) Amount beneficially owned: 5,356,200(1) (b) Percent of class: 19.6% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 5,356,200 (ii) Shared power to vote or to direct the vote: -0- (iii) Sole power to dispose or to direct the disposition of: 5,356,200 (iv) Shared power to dispose or to direct the disposition of: -0- 2. J. David Rogers (a) Amount beneficially owned: 5,356,200 (b) Percent of class: 19.6% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 5,356,200 (ii) Shared power to vote or to direct the vote: -0- (iii) Sole power to dispose or to direct the disposition of: 5,356,200 (iv) Shared power to dispose or to direct the disposition of: -0- (1) Reported securities include warrants to purchase 2,194,200 shares of common stock. - -------------------------------------------------------------------------------- CUSIP No. 727659104 13G Page 6 of 8 Pages - -------------------------------------------------------------------------------- Item 5 Ownership of Five Percent or Less of a Class: Not applicable. Item 6 Ownership of More Than Five Percent on Behalf of Another Person: Not applicable. Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person: Not applicable. Item 8 Identification and Classification of Members of the Group: Not applicable. Item 9 Notice of Dissolution of Group: Not applicable. Item 10 Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as participant in any transaction having that purpose or effect. - -------------------------------------------------------------------------------- CUSIP No. 727659104 13G Page 6 of 8 Pages - -------------------------------------------------------------------------------- SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 13, 2008 JD CAPITAL MANAGEMENT LLC By:/s/ J. David Rogers ---------------------- J. David Rogers /s/ J. David Rogers ---------------------- J. DAVID ROGERS Exhibit A AGREEMENT REGARDING THE JOINT FILING OF SCHEDULE 13G The undersigned hereby agree as follows: (i) Each of them is individually eligible to use the Schedule 13G to which this Exhibit is attached, and such Schedule 13G is filed on behalf of each of them; and (ii) Each of them is responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. Date: February 13, 2008 JD CAPITAL MANAGEMENT LLC By: /s/ J. David Rogers --------------------- J. David Rogers /s/ J. David Rogers --------------------- J. DAVID ROGERS -----END PRIVACY-ENHANCED MESSAGE-----